What happened Shares of Nike (NYSE: NKE) climbed 12.2% in September, according to data provided by S&P Global Market Intelligence. The footwear giant's stock has gained 22.8% year to date and has gone on to hit new all-time highs. Image source: Getty Images. So what Nike reported its fiscal year 2021 first-quarter results and surprised with almost flat year-over-year revenue; the expectation was that the company would post a sales decline due to the coronavirus. But digital sales continued to impress, increasing 82% year over year overall and clocking a triple-digit increase in the Europe, Middle East, and Africa (EMEA) region. With a significant fall in marketing expenses due to live sporting events being postponed or canceled, Nike ended up posting an 11% year-over-year jump in net income to $1.5 billion. Now what Growth is set to continue with its strengthened digital platform during this pandemic. With a global shift toward healthier lifestyles, Nike should continue to witness strong demand. Management will continue to grow with four key strategies: product innovation, where Nike already has a great track record of releasing popular, iconic shoes such as the Air Zoom Alphafly NEXT%; broadening its consumer base; continuing to grow its digital platform; and its evolution to a successful omnichannel strategy.10 stocks we like better than NikeWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Nike wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of September 24, 2020 Royston Yang owns shares of Nike. The Motley Fool owns shares of and recommends Nike. The Motley Fool has a disclosure policy.Source